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CITY OF ST. ANTHONY, MINNESOTA <br />COMMENTS <br />The City of St. Anthony operates under 'Optional Plan B" as defined in the State <br />of Minnesota Statutes. Optional Plan B is known as the council-manager plan. <br />Under this plan, as specified in the Statutes, "The council shall exercise the <br />legislative power of the City and determine all matters of policy. The City <br />manager shall be the head of the administrative branch of the City government <br />and shall be responsible to the council for the proper administration of all <br />affairs relating to the City." The council is composed of five members, including <br />the mayor who is chairman. The City manager is appointed by the council. <br />GENERAL FUND <br />The General Fund is used to account for all revenues and the activities financed <br />by them which are not accounted for in a special fund. The principal sources of <br />revenues are property taxes, licenses and permits, fines and forfeitures and <br />intergovernmental revenue. Expenditures are for general government, public safety, <br />street and highways, recreation and other functions. During 1977, $153,800 was <br />transferred to the General Fund from the Special Assessment Fund. Revenues exceeded <br />expenditures by $139,705 during 1977 and increased the fund balance to $124,543 at <br />December 31, 1977. A condensed summary of receipts and disbursements, excluding <br />investment transactions, is shown below. <br />RECEIPTS <br />General property taxes <br />Licenses and permits <br />Fines and forfeitures <br />Revenue from use of money <br />and property <br />Intergovernmental revenue <br />Other revenue <br />Transfers from other funds <br />DISBURSEMENTS <br />General government <br />Public safety <br />Highways <br />Health, sanitation and <br />waste removal <br />Community services <br />Parks maintenance <br />Other functions <br />SPECIAL REVENUE FUNDS <br />1977 <br />Budget Actual <br />$ 419,356 $ 408,881 <br />10,500 20,143 <br />16,000 23,705 <br />1976 <br />Budget Actual <br />$ 372,556 $ 360,163 <br />8,000 16,238 <br />17,000 13,781 <br />500 2,000 2 <br />169,888 170,225 170,588 168,893 <br />84,780 75,298 80,600 83,169 <br />348.000 509.108 371.558 331.5.58 <br />51.049.024 51.207.360 X7.022.302 S 973.804 <br />$ 195,961 <br />448,165 <br />189,991 <br />16,501 <br />18,429 <br />179,977 <br />$x,,049 024 <br />$ 207,710 <br />447,662 <br />189,709 <br />16,447 <br />18,337 <br />183,068 <br />$ 253,358 <br />400,038 <br />178,864 <br />15,590 <br />30,214 <br />22,562 <br />147,143 <br />51.047.769 <br />$ 251,529 <br />428,418 <br />177,281 <br />15,334 <br />30,202 <br />22,206 <br />160,703 <br />Special revenue funds are established to account for taxes and other revenues set <br />aside for a particular purpose. Following is a brief description of each fund. <br />I <br />